KNOWLEDGEGuide to Taiwan Futures Transaction Tax
| 1. Tax Base | |
| Trading of futures in the Taiwan Futures Exchange within the territory of Taiwan is subject to the futures transaction tax. | |
| 2. Taxpayer | |
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The taxpayer of futures transaction tax shall be the sellers and buyers of the futures and the futures commission merchant is responsible for collecting the tax. Futures transaction tax is collected by the futures commission merchant (FCM) on the date of the transaction at the rate specified, and the tax must be paid to the national treasury on the following day. |
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| 3. Tax Base | |||||||||||||||||
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Futures Transaction Tax is borne by both the buyers and sellers and is collected and paid by the futures dealer. Currently listed futures subject to futures transaction tax include stock price futures contracts, interest rate futures contract, option contracts or futures option contracts, exchange rate futures contracts, etc. The futures transaction tax refers to the settlement of the difference in cash between the buyer and the seller before or when the contract expires, and the market price of the settlement shall be levied in accordance with the following provisions: |
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Disclaimer All information in this article is only for the purpose of information sharing, instead of professional suggestion. Kaizen will not assume any responsibility for loss or damage. |
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